Fintech – Unlocking Africa’s Credit Potential
Adrian Pillay, VP of Middle East & Africa at Provenir Fintech in Africa is coming into its own. According to KPMG data, there was a record $1.6 billion in fintech investment across the continent in 2021, across 153 deals, and at two times the value of…
21 Questions, Will Artificial Intelligence Replace Software Developers?
Since its launch in November last year, the artificial intelligence chatbot ChatGPT has had a massive impact in just a few short months. Already, some schools have banned it as students quickly employed the bot to take shortcuts in their schoolwork, while debates rage on whether the…
World Trade Organization: A Slowdown In World Trade Growth In 2023
World trade growth is expected to slow this year, dampened by the war in Ukraine, inflation, tighter monetary policies, and financial uncertainty, according to WTO projections released on Wednesday. The outlook for the global economy has improved slightly since the World Trade Organization’s most recent…
Dollar Reclines, Inflation Comes In Below Economists’ Expectations
The US dollar suffered a sharp decline on Wednesday following the release of data that revealed consumer prices in the United States rose less than anticipated in March. The unexpected result has prompted experts to speculate that the Federal Reserve may halt its rate-hiking efforts,…
Independent Thinking: China in Africa, conflicts in 2023
The first episode of 2023 examines Africa and the complex role China plays on the continent as a new Chatham House report highlights 22 African countries suffering from debt distress with Beijing a key creditor to many of them. China’s new foreign minister Qin Gang…
Radisson Hotel Group Continues To Break Hotel-Opening Records In Africa
Radisson Hotel Group (https://www.RadissonHotels.com), one of the fastest-growing hotel companies in Africa, plans to strengthen its robust African presence in 2023 further with the opening of eight new hotel already confirmed to date. The Group aims to reach 150 hotels within the next five years across…
Hong Kong Rolls Out Red Carpet To African Businesses
Hong Kong, Asia’s leading business destination and the gateway to Mainland China and Asia, is stepping up its efforts to attract African business, with the opening of an InvestHK representative office in Africa. InvestHK, the department of the Hong Kong Special Administrative Region (HKSAR) Government…
7th Edition Connected Banking Summit East Africa – Innovation & Excellence Awards 2023 Concludes
POSTED ON MARCH 28, 2023 BY AFRICA BUSINESS The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors. Attendees were treated to a range…
Rare Pink Diamond Goes To Auction For More Than $35m
An extremely rare diamond called The Eternal Pink is expected to fetch more than $35-million at a Sotheby’s auction, potentially breaking records as the most expensive price per carat ever to come to market. The 10.57 ct diamond will go on show in Hong Kong…
BW Energy Completes First Hibiscus Well
– Ed Reed The BW Adolo FPSO will process oil from this development phase alongside the Tortue production. Tankers will offload oil from the FPSO for export. BW Energy has completed the first production well on its ongoing development campaign at the Dussafu licence, offshore…
Global | Didi Angaye Earns A Distinction Award, Another Feather To The Cap
On a bright sunny day, in the month of July, 2024, the prestigious Staffordshire University located in the West Midlands of England organised its Award giving and Graduation ceremony to honour graduates of various educational programmes and courses which it offers. Didi Timipah Angaye,…
Olu Of Warri Bags Award In UK, Wife Advocates Return To Cultural Values
The Olu of Warri, Ogiame Atuwatse III, has received the Leadership and Community Development award at the 14th African Achievers Awards (AAA), which took place at the Parliament House, United Kingdom. The award was presented by a member of the House of Lords, London, Rt…
Brit Awards | Asake, Burna Boy And Other ‘New Cats’ Get Nominations
Nigerian singers Burna Boy, Asake, and Rema have been nominated for the 2024 Brit Awards. The nomination list for the annual music awards show was released on Wednesday 25, January 2024. Burna Boy and Asake made the ‘Best International Artiste’ category, while ‘Calm…
Brit Awards 2024 | The Full List Of Artist(e)s
This year’s Brits nominees have been revealed ahead of the ceremony in London in March. Dua Lipa is the first star confirmed to perform at the event – but how many awards is she up for? Musicians including Raye, Central Cee, J Hus and Blur are also…
Despite Increased Transfer Volume And Institutional Adoption, Bitcoin Stays Below $60K
Bitcoin’s price hovers around $59K as increased transfer volume indicates a stable demand among investors. CryptoQuant data indicates buyers are absorbing the panic selling pressure around the $57K price level. Bitwise’s latest report suggests that institutional investors are still buying Bitcoin despite the recent price…
Traders Focus On Meme Coins As Bitcoin, Ethereum And XRP Erase Recent Gains
Bitcoin, Ethereum and XRP dip under key support levels at $60,000, $2,600 and $0.60 respectively. Tron ecosystem’s meme launchpad SunPump generates over $1.1 million in revenue within twelve days of its launch. Tron network daily revenue reached a record high of $26.83 million on Tuesday,…
Top 10 Cryptocurrencies To Invest in January 2024
-Michael Adams From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, making it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies based on their market…
The Risk And Reward Of ChatGPT In Cybersecurity
Juan is an experienced CTO with a demonstrated history of working in the computer and network security industry. He is an information technology professional skilled in SAP and Oracle applications, computer forensics, vulnerabilities research, IPS/IDS and information security. Unless you’ve been on a retreat in…